Featherlite, Inc. To Explore Strategic Alternatives

    CRESCO, Iowa--Dec. 18, 2001--Featherlite, Inc. , a leading manufacturer and marketer of specialty aluminum trailers and luxury motorcoaches, announced today that its board of directors has retained the investment banking firm of Goldsmith Agio Helms to assist the Company in exploring various strategic alternatives for maximizing shareholder value.
    Goldsmith Agio Helms is the nation's leading independent investment banking firm providing M&A advisory services to sellers of middle market businesses. The firm represents public and private companies, with values in the $25 million to $500 million range, in mergers, sales, joint ventures, divestitures, recapitalizations and restructurings. Goldsmith Agio Helms has offices in Minneapolis, New York, Chicago, Los Angeles and Naples, Florida.

    About Featherlite, Inc.

    Featherlite, Inc., is the North American leader in designing, manufacturing and marketing high quality aluminum specialty trailers, specialized transporters and custom mobile marketing trailers, and luxury motorcoaches.